We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £150,000 - £160,000. City Centre Living: Modern Two-Bedroom Apartment, No Chain Guide price £150,000 - £160,000.
Welcome to Oriel House, where city living meets comfort in this delightful two-bedroom apartment.
This property presents a fantastic opportunity for first-time buyers looking to step onto the property ladder or savvy investors seeking a valuable addition to their portfolio, all without the complexities of an onward chain.
Step inside and you will immediately appreciate the thoughtfully designed open-plan kitchen, dining, and living room.
This bright and airy space is perfect for modern living, whether you are entertaining friends, enjoying a quiet evening in, or simply unwinding after a busy day.
The kitchen area is practical and well-appointed, making meal preparation a breeze, while seamlessly connecting to the living and dining zones, fostering a truly sociable atmosphere.
This apartment boasts two comfortable bedrooms, providing ample space for residents or guests. The single bathroom is conveniently located, serving both bedrooms efficiently.
Every corner of this home feels well-maintained and ready for its new owner to move straight in and start enjoying city life.
One of the standout features of Oriel House is the communal off-street parking, a real bonus for city centre properties.
Imagine the ease of knowing you have a dedicated spot, taking the stress out of parking after a long day. Location, as they say, is everything, and this apartment truly shines in that regard.
Situated right in the heart of Colchester city centre, you are just moments away from an array of local shops, vibrant amenities, and excellent transport links.
Whether you need to pop to the supermarket, grab a coffee, or commute for work, everything is within easy reach.
Colchester itself is a historic city with a lively contemporary feel, offering a rich blend of culture, entertainment, and green spaces.
Living here means you are perfectly placed to enjoy all that this fantastic city has to offer, from its independent boutiques and eateries to its historical landmarks and parks.
This property is not just an apartment; it is a gateway to a convenient and exciting lifestyle.
At Harris + Wood, we pride ourselves on guiding better home moves, combining a personal plan with standout marketing and a team who genuinely care.
We understand that buying a home is a significant decision, and we are here to support you every step of the way, offering local knowledge and industry expertise with a friendly, jargon-free approach.
This apartment at Oriel House is a prime example of a property that offers exceptional value and a superb location. Do not miss out on this opportunity; give us a call today to arrange a viewing.
We are confident you will love what you see!
Agents note: Anti-Money Laundering (aml) Compliance As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Oriel House, Colchester
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